Rexhall Announces Another Quarterly Gain
Rexhall Industries Inc. has announced that income from continuing operations is expected to be in the range of 25 cents to 28 cents per share for the second quarter that ended June 30, marking a second straight quarterly gain after wide losses last year.
The Lancaster-based maker of recreational vehicles had posted a net loss of $1.8 million for its last fiscal year, due in part, the company said, to restructuring.
Rexhall officials now say the restructuring, in which an Indiana production facility was closed, is proceeding so well that the company may expand some new models.
Detailed results for the just-ended quarter are expected to be announced in early August.